Here comes the bride, the groom and all of their mutual student loans. With recent graduates coming out of school with an average $29,400 in school loans, a new couple could conceivably walk down the aisle and into $50,000 (or more) of debt. This can put a damper on that new marriage smell – but we have an alternative to consider when making your wedding plans that can shake all that up and get your wedded bliss off to a brighter start – Tuition.io gifting!
In decades past, wedding gifts served a very useful purpose. Because most couples back in the day lived with their parents until their wedding day, they didn’t have a toaster or coffee maker. But with most of us now living out on our own for years before we get hitched or even living together for years before we say “I do,” we’ve got small appliances, dishes and pots and pans. Sure it’s fun to get newer and nicer versions of this stuff, but we don’t need it.
What is needed is financial peace of mind. So why not set up a student loan gifting registry instead? With most guests ponying up $50-$100 (or more) for a gift, if they donate towards your student loans instead, couples can take a big chunk out of their debts as they wed. It would also make life easier on the gift givers. No tape, no gift wrap and no worrying if you bought a duplicate.
So how do you ask for a Tuition.io student loan gift in lieu of the usual? Simple. The little card that all couples include with the invitation that says where they’re registered can be replaced with one that says something.
Your guests will likely appreciate the simplicity of buying the gift online. They won’t have to haul their cookies to Target or Pottery Barn, print out your 14 page registry and then look to see what’s left. And if they forgot to get a gift or are procrastinators in general, they can even buy and send you a student loan assistance gift from their smart phone while sipping champagne at your reception.
And lest you think it’s déclassé to essentially ask for money on your big day, Anna Post, great-great-granddaughter of Emily Post (the harbinger of all things proper), told Huffington Post that it’s absolutely okay in this day and age to do just that. To check out Tuition.io’s gifting program, click here.
Keep track of all your student loans: sign up for Tuition.io’s free student loan tool to manage and optimize your debt.